Page 2 - Sobha Developers
Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year
The board is scheduled to meet on Monday, November 8, 2021 to consider and approve the proposal of issue of unlisted secured redeemable non-convertible debentures on a private placement basis
 "Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year")
Stocks to watch: RIL, ZEEL, Sobha, Lupin, Nazar Tech, Titan, Inox Wind
Tata group firm Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter
 "Stocks to watch: RIL, ZEEL, Sobha, Lupin, Nazar Tech, Titan, Inox Wind")
Sobha Q1 sales bookings up 40% at Rs 683 cr despite 2nd Covid wave
The company had clocked sales bookings of Rs 487.7 crore in the year-ago period.
 "Sobha Q1 sales bookings up 40% at Rs 683 cr despite 2nd Covid wave")
Demand recovery, new launches help Sobha deliver record performance
Stock gains 16 per cent on Q4 show, expectations of sharp reduction in debt
Karnataka stamp duty cut on flats to have limited impact on sales
Listed players such as Brigade, Sobha, Puravankara seek reduction across all budget segments
 "Karnataka stamp duty cut on flats to have limited impact on sales")
Godrej Properties to Sobha, realty firms line up launches in March quarter
Godrej Properties, part of Godrej Group, has lined up 12 launches in Mumbai, the National Capital Region, and Bengaluru
 "Godrej Properties to Sobha, realty firms line up launches in March quarter")
From Prestige to Sobha, listed realty firms post best-ever quarterly sales
During the quarter, Prestige racked up sales of Rs 2,026 crore, up 80 per cent quarter-on-quarter and 55 per cent year-on-year
 "From Prestige to Sobha, listed realty firms post best-ever quarterly sales")
Realty shares rally as Maha govt slashes premium for construction by 50%
Sobha, Indiabulls Real Estate, Sunteck Realty, Oberoi Realty and Godrej Properties surged between 5 per cent and 7 per cent on the BSE.
 "Realty shares rally as Maha govt slashes premium for construction by 50%")
Strong Q2 sales performance despite headwinds a positive trigger for Sobha
Its ability to reduce debt is crucial for further gains
 "Strong Q2 sales performance despite headwinds a positive trigger for Sobha")
Godrej group hikes stake in Sobha to 10% in Q1FY21 via market purchases
Real estate analysts say it could be no more than a portfolio investment; Sobha says not in talks with Godrej
 "Godrej group hikes stake in Sobha to 10% in Q1FY21 via market purchases")
Realty, capital goods stocks gain; Indiabulls, Oberoi ReaIty rise 5%
At 11:03 am, the S&P BSE Capital Goods index, the top gainer among sectoral indices, was trading nearly 4 per cent higher at 12,071 points.
 "Realty, capital goods stocks gain; Indiabulls, Oberoi ReaIty rise 5%")
Sobha, Indiabulls Real Estate gain up to 5% as FM hints at booster dose
The real estate sector has been struggling for the last three years and has not revived since demonetisation and the introduction of good and services tax (GST).
 "Sobha, Indiabulls Real Estate gain up to 5% as FM hints at booster dose")
Land bank monetisation, demand uptick key triggers for Sobha Developers
Company says growth momentum seen in FY19 will continue this financial year
 "Land bank monetisation, demand uptick key triggers for Sobha Developers")